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prior to entry of a judgment enforcing this Mortgage if: fa) Borrower pays Lender all sums which would he then due under
<br />this Mortgage, the Note and notes securing Future Advances, if am, had no acceleration occurred: tb) Borrower cures all
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrow%r pays all reasonable
<br />expottses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lendefs remedies as provided in paragraph ) R hereof, including, but not limited to, reasonable attorney's fees; and
<br />(d) Bortower takes Bach action as Lender may reasonably require to assure that the lizn of this Mortgage, Ltndtr's interest
<br />in the Property and Borrower's obligation to pay the sums secured by this Mortgage shalt continue unimpaired. Upon such
<br />payment and curt by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
<br />no aceelrration hsd occurred.
<br />2A. Ae~sisteot of Rettbt APpolntment of Recelvtr, Linder In Posseaslon. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 7R
<br />hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judicially appoittted receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the
<br />rents of the Property, including those past due. Atl rents collected by Lender or the receiver shall he applied first to payment
<br />of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fzes. premiums on
<br />receivePs bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall be liable to accouttt only for those rents actually received.
<br />11: Fee®re Advttaees. Upon request of Borrower, Lender. at Lender's option prior to release of this Mortgage, may
<br />make Futttre Advances to Borrower. Such Future Advances, with interest thereon, shall be seeured by this Mortgage when
<br />evidenced by promissory notes stating that said Hates are secured herchv. .At no time shall the principal amount of the
<br />indebtedttess secured by this Mortgage, not including "sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus USS...$,6D.D.DD.......
<br />22. RNtave. Upon payment of aI1 sums secured by this hlor,gage. Lender shat! discharge this Mortgage without
<br />chazge to Borrower. Borrower shall pay all costs of recordation. if any.
<br />IN WITNESS WHEREOF, Borrower has exeCllfed this MORgage.
<br />Raymon S. Mayhew /~"t --ears...
<br />t y~ 1
<br />en A. Mayhew / ,/~ -sa.,a.r
<br />~i
<br />STATE OF teEBRASICA ............ . .HALL.........................County ss:
<br />~ ~ 1 3th , ,day of... July .......... 1981... before me, the undersigned a Notary Public
<br />dtt(y catrtmis~ion~and qualified for said county, personally came RAYMOND S. t'IAYHEW AND ~CAREN A, .MAY}iEW,
<br />06 ft11 (Q3 ........ ........
<br />hue do an wl e , to me known to be th>
<br />.....................
<br />identical persons} whgse name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be Chet r voltta*.ary act and deed.
<br />Witness my hand and notarial seal at....... ,Grand, ,Island,. fFe~raska...... , _ , ..in said county, the
<br />date aforesaid. ~
<br />My Commission expires:
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<br />Notary Wbt{c
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<br />{space ne:aw This t.~ne Reserved Far Lender and Ra4arderl
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